HSBC
HSBC Ultra Short Term Bond Fund - Instutional Plus-Dividend - Weekly
Category
Income
Plan type
Dividend
Structure
Open-ended
AMFI Scheme Code
104345
ISIN (Growth)
—
ISIN (Dividend)
—
Returns matrix
Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).
| Window | Fund | Category avg | +/− vs avg | Rank | Quartile |
|---|---|---|---|---|---|
| 1D | +0.04% | -9.99% | +10.03 | 94 / 1129 | Q1 |
| 1W | +0.15% | -13.04% | +13.19 | 170 / 1151 | Q1 |
| 2W | +0.16% | -13.18% | +13.34 | 247 / 1149 | Q1 |
| 1M | +0.05% | -13.26% | +13.31 | 342 / 1137 | Q2 |
| 3M | +0.15% | -13.15% | +13.30 | 374 / 1116 | Q2 |
| 6M | +0.02% | -15.45% | +15.47 | 450 / 906 | Q2 |
| YTD | +0.10% | -15.77% | +15.87 | 406 / 952 | Q2 |
| 1Y | +0.09% | -13.09% | +13.18 | 430 / 820 | Q3 |
| 2Y | +0.25% | -12.72% | +12.97 | 247 / 446 | Q3 |
| 3Y | +0.06% | -11.01% | +11.07 | 232 / 385 | Q3 |
| 4Y | +0.06% | -6.52% | +6.58 | 222 / 339 | Q3 |
| 5Y | +0.05% | -7.36% | +7.41 | 211 / 314 | Q3 |
| 7Y | +0.22% | +2.53% | -2.31 | 169 / 234 | Q3 |
| 10Y | — | — | — | — | — |
| Inception | +0.21% | -13.63% | +13.84 | 469 / 1199 | Q2 |
Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%
Calendar-year returns
Full-year performance vs category average. Current year is partial (year-to-date).
| Year | Fund | Category avg | +/− vs avg | Rank |
|---|---|---|---|---|
| 2015 YTD | +0.10% | +2.22% | -2.12 | 140 / 216 |
| 2014 | +0.22% | +5.51% | -5.29 | 161 / 240 |
| 2013 | -0.18% | -1.95% | +1.78 | 201 / 276 |
| 2012 | +0.04% | +1.38% | -1.34 | 203 / 295 |
| 2011 | +0.00% | -3.16% | +3.17 | 199 / 317 |
| 2010 | +0.07% | -5.78% | +5.85 | 247 / 377 |
| 2009 | +1.23% | -12.86% | +14.09 | 318 / 713 |
| 2008 | +0.09% | -2.02% | +2.11 | 189 / 380 |
| 2007 | +0.23% | +4.84% | -4.60 | 125 / 142 |
| 2006 | — | — | — | — |
Rolling returns
Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.
1-Year rolling
+0.21%
96 windows
min -0.3% · max 1.3%
74% positive
3-Year rolling
+0.23%
72 windows
min -0.1% · max 0.5%
89% positive
5-Year rolling
+0.21%
47 windows
min 0.0% · max 0.3%
100% positive
Limited basis — fund is young, so this average may be skewed by which 5Y windows happen to be available.
7-Year rolling
+0.21%
23 windows
min 0.2% · max 0.2%
100% positive
Limited basis — fund is young, so this average may be skewed by which 7Y windows happen to be available.
SIP returns — historical "what if"
If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.
Period
Total invested
₹
—
Today's value
₹
—
XIRR
Annualised
Wealth multiplier
| Period | Total invested | Today's value | XIRR | Wealth multiplier |
|---|---|---|---|---|
| ₹ — | ₹ — |
XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.
Risk profile
Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.
Std deviation
0.46%
3-year · annualised
Sharpe ratio
—
vs risk-free 6.5%
Sortino ratio
—
Downside-only deviation
Max drawdown
-0.91%
Apr 2013 → Jul 2013
% positive months
61.1%
Share of monthly returns > 0 over the 3-year window
Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.
Recent NAVs
| Date | NAV |
|---|---|
| 19 Aug 2015 | ₹10.2003 |
| 17 Aug 2015 | ₹10.1960 |
| 14 Aug 2015 | ₹10.1898 |
| 13 Aug 2015 | ₹10.1882 |
| 12 Aug 2015 | ₹10.1848 |
| 11 Aug 2015 | ₹10.1987 |
| 10 Aug 2015 | ₹10.1959 |
| 7 Aug 2015 | ₹10.1889 |
| 6 Aug 2015 | ₹10.1868 |
| 5 Aug 2015 | ₹10.1840 |
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Frequently asked questions
These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.
HSBC Ultra Short Term Bond Fund - Instutional Plus-Dividend - Weekly is a Income from HSBC (Unknown plan, IDCW (dividend) option). Latest NAV isn't currently available in our feed — the AMC publishes it once per business day after market close.
HSBC Ultra Short Term Bond Fund - Instutional Plus-Dividend - Weekly has NAV history starting from 18 Oct 2006, a track record of about 19 years 7 months. Long-tenured funds like this have weathered multiple market cycles — the 2008 crash, 2013 taper tantrum, 2020 COVID drawdown — which makes their returns more credible than a 3-year track record alone.
HSBC Ultra Short Term Bond Fund - Instutional Plus-Dividend - Weekly is managed by HSBC. It's classified by AMFI under the 'Income' SEBI category, which determines its peer set and tax treatment.
Over the trailing 1-year window, HSBC Ultra Short Term Bond Fund - Instutional Plus-Dividend - Weekly has delivered a absolute return of 0.09% — +13.18 pp ahead of the Income category average of -13.09%. The fund ranks #430 of 820 in its category — the third (Q3) quartile.
Over the trailing 3-year window, HSBC Ultra Short Term Bond Fund - Instutional Plus-Dividend - Weekly has delivered a CAGR of 0.06% — +11.07 pp ahead of the Income category average of -11.01%. The fund ranks #232 of 385 in its category — the third (Q3) quartile.
Over the trailing 5-year window, HSBC Ultra Short Term Bond Fund - Instutional Plus-Dividend - Weekly has delivered a CAGR of 0.05% — +7.41 pp ahead of the Income category average of -7.36%. The fund ranks #211 of 314 in its category — the third (Q3) quartile.
₹1 lakh invested in HSBC Ultra Short Term Bond Fund - Instutional Plus-Dividend - Weekly exactly 5 years ago would be worth approximately ₹100,239 today — a multiplier of 1.00×, based on the 5-year CAGR of 0.05%. The category average over the same window would have grown ₹1 lakh to ₹68,226.
A ₹10,000 monthly SIP in HSBC Ultra Short Term Bond Fund - Instutional Plus-Dividend - Weekly over the last 5 years — total invested ₹600,000 — would be worth ₹601,409 today. That's an XIRR (money-weighted annualised return) of 0.09%.
HSBC Ultra Short Term Bond Fund - Instutional Plus-Dividend - Weekly doesn't yet have 10 years of NAVs. Over the longest available window (7-year SIP), ₹10,000/month would have grown to ₹843,900 — XIRR 0.13%.
On a 5-year basis, HSBC Ultra Short Term Bond Fund - Instutional Plus-Dividend - Weekly ranks #211 out of 314 funds in the Income category — that places it in the third quartile (Q3) — below the median. The category average return over the same window is -7.36%; this fund delivered 0.05%.
The worst peak-to-trough decline HSBC Ultra Short Term Bond Fund - Instutional Plus-Dividend - Weekly has experienced over the last 5-year window is 0.91% — its NAV fell from a high on 04 Apr 2013 to a low on 24 Jul 2013. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.
Across all 5-year rolling windows, HSBC Ultra Short Term Bond Fund - Instutional Plus-Dividend - Weekly averaged 0.21% (best 0.32%, worst 0.02%). 100% of rolling windows ended positive.
In calendar year 2014, HSBC Ultra Short Term Bond Fund - Instutional Plus-Dividend - Weekly returned 0.22% — lagging the Income category average of 5.51% by 5.29 pp. It ranked #161 of 240 in its category that year.
HSBC Ultra Short Term Bond Fund - Instutional Plus-Dividend - Weekly is classified as a Debt fund. For units acquired on or after 1 April 2023, all gains are taxed at your income-tax slab rate regardless of holding period — there's no LTCG concession or indexation. For pre-April-2023 units, the old rules with indexation still apply on long-term gains.
We don't give personal investment advice. HSBC Ultra Short Term Bond Fund - Instutional Plus-Dividend - Weekly is suitable for an investor whose:
- time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ years
- primary goal is capital preservation or steady accrual, not high growth
- tax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)
Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.
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